The Sunday morning news. [volume] (Jersey City [N.J.]) 1886-1891, 1887-07-10

lana on fhCSOunJ VI SuCu lupIOfCnOub IL
excess of the benefit derived therefrom a.
the time the Improvement was made; with
in thirty days after their appointment the
commissioners shall publish notice of
the time and place of their meeting
to hear parties interested in the ad-
justment of arrearages. After the hear
ing and an exarination of the pro-
perty, the Commissioners shall proceed
to adjust the arrearages, and upon like
notice they shall proceed until ali the ar
rearages in the city have been adjusted
the amount of taxes, assessments and
water rates for which certificates of sale
are held by the city, whether the sales are
! invalid or not, shall be deemed to be in
arrears within the meaning of the section.
The Commissioners shall keep record Of
their proceedings and shall make their re-
ports, and upon the coming in of the re-
ports such notice shall be given IS
the court directs for the hearing of
objections to the assessments OF the
Commissioners the court may confirm
or reject the report or refer it to the same
commissioners or appoint other commits
sioners, who shall correct the report or
make new one; the report when confirm
ed shall be final and become a tax on
the lands designated in lieu of alloutstand-
ing claims for arrearages levied prior to
the MAILING of the report. The amount of
the tax or assessment certified by the r.
port shall be collected by the comptroller
or other officer for collecting assessments,
without interest, if the same be paid with
in sixty days after the filing of a certified
copy of the report with the officer who is
to collect the tax, and if not SO paid, then
with interest from such date at SIX per
cent. per annum, and if not paid within
six months, with interest at seven per cent
per annum, and if not paid after the ex-
piration os six months from the filing of
said certified copy of report, the lot or
parcel of land shall be sold at public auc-
ton, but not for less than the amount due.
On receipt of the purchase money on any
sucn sale, or of bonds in lieu thereof, the
comptroller or other officer shall execute
and deliver 10 the purchaser a certificate of
such sale containing covenant by the
city to refund the cash or bonds, without
interest in case the sale shall prove invalid !;
upon surrender of the said certificate of
sale the comptroller or other efficer shall,
after the expiration of six months from the
date of such notice, deliver to the purchas
er q deed for said lands, and such pur-
chaser shall take good title to tho prop
elty, which shall not be defeated by reason
OF any irregularity in the procedure taken
under this act the city may be a
purchaser at any sale of lands, and
upon the expiration of the period
of redemption the city shall be entitled to a
deed for the property, and IN case OF sale
at public sale the price shall not be less
than the amount due the city upon the
property when purchased by tue city. Auy
person or persons having a lien on any
property sold, may at any time before the
| Of iv hO "a Few to him
of the sale or before the delivery of deed
to the purchaser, may redeem the lands by
paying to the city treasurer the sum paid
| the purchaser and for him, with interest at
the rate of ten per cent per annum from
the date of the sale, and one dollar for each
notice served as hereinafter provided.
The purchaser shall be entitled to posses
sion of such lands upon giving notice to
the owner thereof in case the same are
unoccupied, or if occupied within thirty
days thereafter, he shall have the same
remedy in the circuit court of the county,
or in the court of Chancery for the recovery
of the possession of lands as the purchaser
of mortgaged premises at a foreclosure sale
is, or may hereafter be entitled to; provided
that if any estate in any such lands be held
byany heir or devisee of decedant,
whose estate appears of record, or If any
nor; gage or lease shall be held by the exc
cutor or administrator of any dece ndant,
he shall be entitled to redeem the lAuds.
No writ of certiorari shall be allowed to
contest any assessment fixed by the com
missions, or to Set aside any proceeding to
collect the same, unless the party gives a
bond for the payment of so much of said
assessment as shall be aseertained to be
justly 4yable, nor unless the application
be maze within six months from the col-